Singapore-based Surbana Jurong Joins Hands with PLPB for

• Region’s First World-Class Industrial Park to Drive Economic Growth and Job Creation
• PLPB IndusPark aims to attract investment and industries across the globe and set new benchmarks
• Strategically located on the Amritsar-Kolkata Industrial Corridor (AKIC), the project is planned to have a span of over 150 acres

19 February 2025: PLPB, a dynamic new-age real estate and infrastructure development company, has announced a strategic collaboration with Singapore-based Surbana Jurong to develop PLPB IndusPark, Punjab’s first world-class industrial park. The agreement was signed in Singapore in the August presence of the Real Estate delegation under the CII Learning Mission.

Slated to span over 150 acres of greenfield land near Rajpura in the Patiala district, the project would have a strategic locational advantage with direct access to the Amritsar-Kolkata Industrial Corridor (AKIC), ensuring seamless logistics and supply chain efficiencies for manufacturers, esp. SMEs and MSMEs.

PLPB IndusPark is set to facilitate manufacturing units under orange and green categories, in compliance with the central and state government guidelines. The park aims to attract investments from industries across the globe seeking sustainable and compliant infrastructure while fostering employment opportunities for Punjab’s skilled workforce.

Sharing his enthusiasm for the partnership, Sumit Singla, CEO, of PLPB, said, “We are thrilled to partner with Surbana Jurong, a globally renowned urban and infrastructure consulting firm. This collaboration marks a new chapter in Punjab’s industrial growth, setting the foundation for a globally competitive manufacturing hub. As an organization, we are aligned to facilitate the industry players with all necessary support to engage with various stakeholders and assist in handholding and representing them as per the need to set the future-ready industrial ecosystem that fosters innovation, sustainability, and economic prosperity for the state of Punjab.”

Key Highlights of PLPB IndusPark:
• 150-acre integrated industrial hub near Rajpura, Patiala district.
• Strategic connectivity to the Amritsar-Kolkata Industrial Corridor (AKIC).
• Focus sectors: Agro/Food Processing, Textiles (hosiery & garments), Auto Components, and Warehousing
• Comprehensive master plan and engineering design developed by Surbana Jurong.
• Aims to boost industrial growth and employment in the region.
• Handhold and facilitate stakeholders’ engagement for future-ready industrial ecosystem

Speaking on the occasion, Raman Kumar, Director of Programme Management, Surbana Jurong said. “MSMEs are considered the backbone of the Indian economy, contributing a substantial portion to the overall GDP which estimates to 29% to India’s GDP. Partnering with PLPB is an onward step to leverage overall GDP as projected by Krishnamurthy Subramanian in India@100: Envisioning Tomorrow’s Economic Powerhouse, who believes that India has the potential to do far better and that it could possibly become even a $55 trillion economy in less than 25 years.”

With landmark projects such as Singapore Changi Airport and Noida International Airport under their portfolio, Surbana Jurong has been instrumental in shaping industrial development across India in Gujarat, Maharashtra, Telangana, Andhra Pradesh, Uttar Pradesh, and Karnataka.

Applauding the partnership, Ashwinder R Singh, VC & CEO, BCD Group and Co-Chair CII, Real Estate Committee (NR) said, “PLPB IndusPark is a bold step towards redefining Punjab’s industrial future—fostering innovation, empowering MSMEs, and driving sustainable growth. As part of the CII mission, I applaud PLPB’s vision to create a global manufacturing hub that will inspire industries and uplift communities. Together, we are building not just infrastructure, but a legacy of progress and prosperity for Punjab.”

Punjab has the significant state economy in India, with ₹8.02 lakh crore (US$93 billion) in gross domestic product (GDP) for the 2024-25 fiscal year. The state’s economy is primarily driven by agricultural production and small and medium-sized enterprises. As per Invest Punjab, over the last four years, the state has witnessed over ₹30,000 crores of investments in agro-food processing, manufacturing, steel and alloys, and textiles and apparel.

PLPB has redefined Infrastructure with Innovation at the forefront by creating new benchmarks in industrial and commercial real estate. The company’s flagship project, ‘The Wellness City, ’ exemplifies a holistic approach to urban development, focusing on mental, physical, and spiritual well-being in work and living environments. PLPB IndusPark continues this legacy by fostering a business-friendly and people-centric industrial landscape.